Automotive auctions aren't just about the buying and selling of cars, they also have a bit of a philanthropic side. One recurring theme at many auctions, especially Barrett-Jackson's events, is the auctioning of a car with proceeds that benefit charity. A great example of this is the recent Barrett-Jackson Scottsdale 2018 event where the first 2019 Ford Mustang Bullitt was auctioned off for charity. The specific Mustang that was auctioned is VIN 001 of the new Bullitt. Ford announced the revival of the Bullitt shortly before the auction, allowing hype to follow into the event. This new Mustang Bullitt features the GT's engine but has its power pushed up to 475 horsepower and 420 lb-ft of torque. 
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So, how much did the first 2019 Mustang Bullitt go for? When all was said and done, the hammer price was recorded at $300,000. The entirety of that hammer price will go to benefit Boys Republic, "a private, nonprofit, nonsectarian school and treatment community for troubled youngsters."
